Fri, Sep 19, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Nordic hedge fund managers see risk reward opportunities in Eastern Europe and Iceland

Tuesday, September 25, 2012

amb
Carl Meurling
From Komfie Manalo, Opalesque Asia:

Nordic-focused hedge fund managers believe that the markets of Eastern Europe and Iceland offer a wide range of risk reward opportunities and that the region is on its way to complete recovery after the 2008 global financial crisis.

Speaking as one of the participants in the latest Nordic Opalesque Roundtable, Carl Meurling CEO and one of the Founders of EME Partners, investing in long/short equity strategies in Eastern Europe including Russia and Turkey, described the Eastern European markets as suffering an extreme downturn in the first three weeks of October 2008.

At the time, the index was down 65% in only three weeks which was a world record. Back then, many fund managers worried that the financial markets in the region would go back to the type of primitive state they were in around ten years before or around 1998. But Meurling said that luckily, that has not happened, the markets in the Nordic region continue to become more and more sophisticated. The opportunities and range of instruments that investors can trade is expanding, "and that is very encouraging and makes us optimistic that we can continue to do well going forward."

Muerling told the participants, "Today around 80-100 stocks can be shorted in Emerging Europe and we can also use other instruments for protection, such a......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  4. Institutions - Adviser's faith in hedge funds unshaken by CalPERS' move Advisers weigh in on CalPERS’ decision, Gina Raimondo sees no reason to follow California’s lead, exit hedge funds, Danish pension funds step up 'alternative investments'[more]

    Adviser's faith in hedge funds unshaken by CalPERS' move From WSJ.com: Financial advisers who use hedge funds in their clients' portfolios say they aren't rethinking that approach after a huge California pension fund announced plans to exit the hedge-fund market. The decision by the Cali

  5. Short Selling - Notorious U.S. short-seller targets Alibaba[more]

    From Wantchinatimes.com: A notorious American short-seller appears to have "targeted" Chinese internet giant Alibaba on the eve of its historic public listing on the New York Stock Exchange, reports Chinese web portal Hexun. Alibaba's highly-anticipated listing on Friday could potentially be the big